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CAR

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uuid00056la

Namestring
CAR
Legal namestring
CAR Inc.
Websiteurl
en.zuche.com
Company typeenum
Private
Founded yearint
2007
Descriptiontext

CAR Inc. (神州租车) is China's largest car rental platform, operating a nationwide fleet of short-term rental vehicles accessible through its mobile app, with flexible booking options ranging from four hours to seven days. Founded in 2007 and headquartered in Beijing, the company employs more than 10,000 people and serves individual consumers, travelers, and enterprise clients with traditional vehicle rentals.

The company's product portfolio spans four lines. First, its core traditional car rental service offers short-term vehicle access on a pay-as-you-go basis. Second, through a long-term partnership with Baidu's Apollo autonomous driving unit, CAR Inc. launched the world's first publicly available autonomous car rental service in July 2025, enabling users to book, unlock, and return self-driving vehicles without human assistance via the mobile app. Third, the company is scaling a new energy vehicle (NEV) rental fleet in partnership with BYD, which supplied nearly 30,000 vehicles in 2025 and signed a framework deal for 100,000 NEVs in May 2026 alongside a nationwide rollout of BYD's FLASH Charging infrastructure targeting 20,000 stations by end-2026. Fourth, CAR Inc. has begun operating a used-car export service, with the CEO appointed in February 2026 as designated representative by the Nigerian Embassy in China to promote Chinese used vehicles in Nigeria.

Revenue is generated primarily through short-term rental fees on a unit-pricing basis, with pricing aligned to standard consumer rental rates. The company pursues a dual go-to-market approach: a direct-to-consumer mobile app channel for individual renters, complemented by enterprise-level strategic cooperation agreements with automotive OEMs (notably BYD) for fleet procurement, fleet optimization tools, and test-drive initiatives. Capital has been raised across multiple funding rounds, including a 2020 sequence totaling over $550 million from MBK Partners, BAIC Group, and Warburg Pincus, supporting fleet expansion and the AV/NEV transition.

Short descriptiontext

CAR Inc. (神州租车) is China's largest car rental platform, serving individual consumers, travelers, and enterprises with short-term vehicle rentals (4 hours to 7 days) via its mobile app. It also operates autonomous vehicle rentals with Baidu Apollo, an NEV fleet with BYD, and a used-car export business targeting Nigeria.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersBeijing, China
HQ citystring
Beijing
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
car rental services, vehicle rental platform, autonomous car rental, new energy vehicles, used car export
Industry4 codes
1Self-Drive Car Rental
CodeTHADAAAFPrimaryYes
2Long-Term Corporate Rentals (Monthly/Project-Based)
CodeTHADAOAHPrimaryNo
3Car Rental & Car-Sharing Booking Platforms
CodeBPAMAIAFPrimaryNo
4Short-Term EV Car Rental (Airport & Off-Airport)
CodeTHADANAAPrimaryNo
NAICS code3 codes
  • Passenger Car Rental532111
  • Passenger Car Rental and Leasing53211
  • Automotive Equipment Rental and Leasing5321
SIC code1 code
  • Services-Auto Rental & Leasing (No Drivers)7510
Product category
Car Rental Services
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Short-term Vehicle Rentals
TypeSubscription Recurring
Description

CAR Inc. generates revenue through short-term car rental services offered to the general public. Pricing is aligned with existing short-term rental rates with flexible booking options ranging from four hours to seven days. The company also offers traditional rental fleet alongside autonomous vehicle rental services.

chinadaily.com.cn
2Used Vehicle Export Services
TypeTransaction Fee
Description

CAR Inc. provides used-car export services, acting as a designated representative to promote Chinese used cars in international markets like Nigeria. The strategy involves shifting from scale-based to quality-based export with mature testing standards and after-sales services.

prnewswire.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Autonomous Vehicle Rental
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Pricing aligned to existing short-term rental rates; flexible booking options from 4 hours to 7 days

chinadaily.com.cn
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

CAR Inc. operates China's largest car rental platform, providing short-term vehicle rental services to individual consumers and travelers through its mobile app with flexible booking options ranging from four hours to seven days. The company also offers the world's first publicly available autonomous car rental service in partnership with Baidu Apollo, a new energy vehicle (NEV) rental fleet via BYD, and used-car export services for international markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Strong operational efficiency and positive customer feedback from initial pilot of 3,000 BYD Qin PLUS DM-i vehicles
+1 more record
Product overview1 text field

CAR Inc. (神州租车) is China's largest car rental platform offering a comprehensive mobility service portfolio. The company operates a dual offering model combining traditional short-term vehicle rentals with innovative autonomous vehicle rental services. Core products include the traditional car rental service with flexible 4-hour to 7-day booking options, and the autonomous car rental service launched in partnership with Baidu's Apollo Go, enabling users to book, unlock, and return self-driving vehicles entirely through the mobile app. The company also operates a NEV rental fleet featuring BYD models with nationwide charging infrastructure, and international used-car export services for markets including Nigeria. The mobile app serves as the unified access point for all rental services.

Product and service4 records
1Autonomous Car Rental Service
CategoryAutonomous vehicle rental
2Traditional Car Rental
CategoryCar rental
3NEV Rental Fleet
CategoryNew energy vehicle rental
4Used-Car Export Services
CategoryInternational vehicle export services
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1BYD
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-05-09
Description

BYD and CAR Inc. signed strategic cooperation agreement establishing framework procurement deal for 100,000 NEVs alongside nationwide rollout of BYD's FLASH Charging infrastructure at CAR Inc. rental locations. Partnership builds on CAR Inc.'s 2025 purchase of nearly 30,000 BYD vehicles and initial pilot phase with 3,000 BYD Qin PLUS DM-i vehicles. BYD plans to install FLASH Charging facilities at eligible CAR Inc. locations and aims to build 20,000 FLASH Charging stations across China by end of 2026.

autonews.gasgoo.com
2Nigerian Embassy in China
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-06
Description

Nigerian embassy in China appointed CAR Inc CEO Gao Dewu as designated representative to promote Chinese used cars in Nigeria. Partnership aims to expand China's used-car exports to Nigeria and develop comprehensive service system. CAR Inc identified Nigeria as key future market with high demand for cost-effective, reliable vehicles.

prnewswire.com
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-05-22
Description

Long-term partnership to roll out fully autonomous vehicle rental services. CAR Inc and Baidu Apollo launched world's first autonomous car rental service available to general public in China, enabling users to book, unlock, and return self-driving vehicles entirely without human assistance through CAR Inc mobile app. First fleet of custom-designed Apollo vehicles accommodates up to three passengers.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1BYD
TypeOthers
Description

Strategic OEM partner and supplier of CAR Inc.'s 100,000-NEV fleet and FLASH Charging; comparable as a major NEV ecosystem player shaping the supply side of CAR Inc.'s rental business.

TypeBroad incumbent
Description

Owns/eHi Car Services and operates global car rental booking; relevant given overlapping China car rental footprint and OTA-driven distribution channel comparable to CAR Inc.'s mobile app.

TypeBroad incumbent
Description

Major global car rental player actively transitioning its fleet to EVs, making it a relevant parallel for CAR Inc.'s NEV pivot and large-fleet transformation.

TypeEmerging player
Description

Chinese autonomous driving company with robotaxi operations; comparable to CAR Inc.'s AV rental initiative in deploying self-driving vehicles for consumer mobility use cases.

TypeDirect peer
Description

Direct Chinese car rental competitor; operates short-term and long-term vehicle rental services nationwide with an integrated mobile app, closely matching CAR Inc.'s core offering.

TypeBroad incumbent
Description

Global mobility and car rental incumbent; provides short- and long-term rentals and fleet management with increasing focus on premium and EV fleets, comparable in scale ambition though based in Europe.

TypeOthers
Description

Major Chinese automaker and existing CAR Inc. investor; comparable as a strategic partner in fleet supply and NEV adoption within China's rental and mobility ecosystem.

TypeRegional player
Description

Chinese ride-hailing and mobility platform backed by major OEMs; overlaps with CAR Inc. on fleet operations and NEV adoption in China's mobility market.

TypeBroad incumbent
Description

Global incumbent in car rental and fleet leasing with a digital-first booking platform; comparable in business model and fleet-management approach to CAR Inc.'s traditional rental business.

TypeBroad incumbent
Description

China's dominant ride-hailing platform with an integrated mobility app; competes for the same urban transportation wallet share as CAR Inc. and is also pursuing autonomous driving.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment4 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

CAR

Car Rental Servicesen.zuche.com

CAR Inc. (神州租车) is China's largest car rental platform, serving individual consumers, travelers, and enterprises with short-term vehicle rentals (4 hours to 7 days) via its mobile app. It also operates autonomous vehicle rentals with Baidu Apollo, an NEV fleet with BYD, and a used-car export business targeting Nigeria.

What CAR does

CAR Inc. (神州租车) is China's largest car rental platform, operating a nationwide fleet of short-term rental vehicles accessible through its mobile app, with flexible booking options ranging from four hours to seven days. Founded in 2007 and headquartered in Beijing, the company employs more than 10,000 people and serves individual consumers, travelers, and enterprise clients with traditional vehicle rentals.

The company's product portfolio spans four lines. First, its core traditional car rental service offers short-term vehicle access on a pay-as-you-go basis. Second, through a long-term partnership with Baidu's Apollo autonomous driving unit, CAR Inc. launched the world's first publicly available autonomous car rental service in July 2025, enabling users to book, unlock, and return self-driving vehicles without human assistance via the mobile app. Third, the company is scaling a new energy vehicle (NEV) rental fleet in partnership with BYD, which supplied nearly 30,000 vehicles in 2025 and signed a framework deal for 100,000 NEVs in May 2026 alongside a nationwide rollout of BYD's FLASH Charging infrastructure targeting 20,000 stations by end-2026. Fourth, CAR Inc. has begun operating a used-car export service, with the CEO appointed in February 2026 as designated representative by the Nigerian Embassy in China to promote Chinese used vehicles in Nigeria.

Revenue is generated primarily through short-term rental fees on a unit-pricing basis, with pricing aligned to standard consumer rental rates. The company pursues a dual go-to-market approach: a direct-to-consumer mobile app channel for individual renters, complemented by enterprise-level strategic cooperation agreements with automotive OEMs (notably BYD) for fleet procurement, fleet optimization tools, and test-drive initiatives. Capital has been raised across multiple funding rounds, including a 2020 sequence totaling over $550 million from MBK Partners, BAIC Group, and Warburg Pincus, supporting fleet expansion and the AV/NEV transition.

CAR firmographics

Firmographics
Name
CAR
Legal name
CAR Inc.
Website
https://en.zuche.com
Company type
Private
Founded year
2007
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
CAR Inc. (神州租车) is China's largest car rental platform, serving individual consumers, travelers, and enterprises with short-term vehicle rentals (4 hours to 7 days) via its mobile app. It also operates autonomous vehicle rentals with Baidu Apollo, an NEV fleet with BYD, and a used-car export business targeting Nigeria.
Ownership category
akta.pro rank

CAR industry classification

Industry
Product category
Car Rental Services
NAICS
Passenger Car Rental (532111), Passenger Car Rental and Leasing (53211), Automotive Equipment Rental and Leasing (5321)
SIC
Services-Auto Rental & Leasing (No Drivers) (7510)
akta.pro primary industry
Self-Drive Car Rental (THADAAAF)
akta.pro secondary industries
Long-Term Corporate Rentals (Monthly/Project-Based) (THADAOAH), Car Rental & Car-Sharing Booking Platforms (BPAMAIAF), Short-Term EV Car Rental (Airport & Off-Airport) (THADANAA)

Keywords

  • Car rental services
  • Vehicle rental platform
  • Autonomous car rental
  • New energy vehicles
  • Used car export

Where CAR is headquartered

Location

Headquarters

HQ city
Beijing
HQ country
China
HQ region
Asia

Offices2 records

Markets served

CAR business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Short-term Vehicle Rentals: CAR Inc. generates revenue through short-term car rental services offered to the general public. Pricing is aligned with existing short-term rental rates with flexible booking options ranging from four hours to seven days. The company also offers traditional rental fleet alongside autonomous vehicle rental services.
  2. Used Vehicle Export Services: CAR Inc. provides used-car export services, acting as a designated representative to promote Chinese used cars in international markets like Nigeria. The strategy involves shifting from scale-based to quality-based export with mature testing standards and after-sales services.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goAutonomous Vehicle Rental

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

CAR product offering

Product offering

Core offering

CAR Inc. operates China's largest car rental platform, providing short-term vehicle rental services to individual consumers and travelers through its mobile app with flexible booking options ranging from four hours to seven days. The company also offers the world's first publicly available autonomous car rental service in partnership with Baidu Apollo, a new energy vehicle (NEV) rental fleet via BYD, and used-car export services for international markets.

Product overview

CAR Inc. (神州租车) is China's largest car rental platform offering a comprehensive mobility service portfolio. The company operates a dual offering model combining traditional short-term vehicle rentals with innovative autonomous vehicle rental services. Core products include the traditional car rental service with flexible 4-hour to 7-day booking options, and the autonomous car rental service launched in partnership with Baidu's Apollo Go, enabling users to book, unlock, and return self-driving vehicles entirely through the mobile app. The company also operates a NEV rental fleet featuring BYD models with nationwide charging infrastructure, and international used-car export services for markets including Nigeria. The mobile app serves as the unified access point for all rental services.

Differentiator

Problem solved

Functional benefit

Products and services

  • Autonomous Car Rental Service
  • Traditional Car Rental
  • NEV Rental Fleet
  • Used-Car Export Services

Quantifiable outcome

  • Strong operational efficiency and positive customer feedback from initial pilot of 3,000 BYD Qin PLUS DM-i vehicles
  • +1 more outcomes

Companies that use CAR

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

CAR technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

CAR partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered flagship and core.

  • BYDflagshipStrategic or Co-development Partner · 9 May 2026BYD and CAR Inc. signed strategic cooperation agreement establishing framework procurement deal for 100,000 NEVs alongside nationwide rollout of BYD's FLASH Charging infrastructure at CAR Inc. rental locations. Partnership builds on CAR Inc.'s 2025 purchase of nearly 30,000 BYD vehicles and initial pilot phase with 3,000 BYD Qin PLUS DM-i vehicles. BYD plans to install FLASH Charging facilities at eligible CAR Inc. locations and aims to build 20,000 FLASH Charging stations across China by end of 2026.
  • Nigerian Embassy in ChinacoreStrategic or Co-development Partner · 6 February 2026Nigerian embassy in China appointed CAR Inc CEO Gao Dewu as designated representative to promote Chinese used cars in Nigeria. Partnership aims to expand China's used-car exports to Nigeria and develop comprehensive service system. CAR Inc identified Nigeria as key future market with high demand for cost-effective, reliable vehicles.
  • Baidu ApolloflagshipStrategic or Co-development Partner · 22 May 2025Long-term partnership to roll out fully autonomous vehicle rental services. CAR Inc and Baidu Apollo launched world's first autonomous car rental service available to general public in China, enabling users to book, unlock, and return self-driving vehicles entirely without human assistance through CAR Inc mobile app. First fleet of custom-designed Apollo vehicles accommodates up to three passengers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

CAR competitors and assessment

Company assessment

Others

  • BYD: Strategic OEM partner and supplier of CAR Inc.'s 100,000-NEV fleet and FLASH Charging; comparable as a major NEV ecosystem player shaping the supply side of CAR Inc.'s rental business.
  • BAIC Group: Major Chinese automaker and existing CAR Inc. investor; comparable as a strategic partner in fleet supply and NEV adoption within China's rental and mobility ecosystem.

Broad incumbents

  • Trip.com Group: Owns/eHi Car Services and operates global car rental booking; relevant given overlapping China car rental footprint and OTA-driven distribution channel comparable to CAR Inc.'s mobile app.
  • Hertz Global Holdings: Major global car rental player actively transitioning its fleet to EVs, making it a relevant parallel for CAR Inc.'s NEV pivot and large-fleet transformation.
  • Sixt SE: Global mobility and car rental incumbent; provides short- and long-term rentals and fleet management with increasing focus on premium and EV fleets, comparable in scale ambition though based in Europe.
  • Avis Budget Group: Global incumbent in car rental and fleet leasing with a digital-first booking platform; comparable in business model and fleet-management approach to CAR Inc.'s traditional rental business.
  • Didi Chuxing: China's dominant ride-hailing platform with an integrated mobility app; competes for the same urban transportation wallet share as CAR Inc. and is also pursuing autonomous driving.

Emerging players

  • Pony.ai: Chinese autonomous driving company with robotaxi operations; comparable to CAR Inc.'s AV rental initiative in deploying self-driving vehicles for consumer mobility use cases.

Direct peers

  • eHi Car Services: Direct Chinese car rental competitor; operates short-term and long-term vehicle rental services nationwide with an integrated mobile app, closely matching CAR Inc.'s core offering.

Regional players

  • T3 Mobility: Chinese ride-hailing and mobility platform backed by major OEMs; overlaps with CAR Inc. on fleet operations and NEV adoption in China's mobility market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

CAR social profiles

Digital presence

CAR financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CAR leadership team

Management profile

Number of profiles

Profiles2 records

CAR funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CAR M&A and investment

M&A and investment

M&A1 record

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CAR

What does CAR do?

CAR Inc. operates China's largest car rental platform, providing short-term vehicle rental services to individual consumers and travelers through its mobile app with flexible booking options ranging from four hours to seven days. The company also offers the world's first publicly available autonomous car rental service in partnership with Baidu Apollo, a new energy vehicle (NEV) rental fleet via BYD, and used-car export services for international markets.

Is CAR a public or private company?

CAR is a private company. It is classified as private equity controlled and is currently operating.

When was CAR founded?

CAR was founded in 2007. It employs 5,001 to 10,000 people.

Where is CAR based?

CAR is headquartered in Beijing, China, in the Asia region.

How does CAR make money?

Two revenue lines are on record. Short-term Vehicle Rentals are the primary driver. The others are used Vehicle Export Services.

Who are CAR's main competitors?

Others on record are BYD and BAIC Group. Broad incumbents are Trip.com Group, Hertz Global Holdings, Sixt SE, Avis Budget Group and Didi Chuxing. Pony.ai is listed as an emerging player. eHi Car Services is listed as a direct peer. T3 Mobility is listed as a regional player.

Does CAR have an API?

No public API is recorded for CAR.

What industry is CAR in?

CAR's product category is Car Rental Services. Its primary akta.pro industry code is THADAAAF, Self-Drive Car Rental, with a secondary code of THADAOAH, Long-Term Corporate Rentals (Monthly/Project-Based). Its NAICS code is 532111 and its SIC code is 7510.

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Live signals
DoNews神州租车端午订单同比增超三成- DoNews快讯During the Dragon Boat Festival holiday from June 19 to 21, 2026, Shenzhou Car Rental's national order volume rose over 30% year-on-year, setting a record. The average rental period was 3 days, with 3-day orders also up over 30%, reflecting deep integration into holiday travel planning.GasgooBYD, CAR Inc. strike strategic deal for 100,000 NEVs, nationwide FLASH Charging rolloutBYD and Chinese car rental operator CAR Inc. signed a strategic cooperation agreement in Shenzhen on May 9, establishing a framework procurement deal for 100,000 NEVs alongside a nationwide rollout of BYD's FLASH Charging infrastructure at CAR Inc. rental locations. The partnership builds on CAR Inc.'s 2025 purchase of nearly 30,000 BYD vehicles and an initial pilot phase that introduced 3,000 BYD Qin PLUS DM-i vehicles, which delivered strong operational efficiency and positive customer feedback. BYD plans to install FLASH Charging facilities at eligible CAR Inc. locations and aims to build 20,000 FLASH Charging stations across China by the end of 2026, with its latest system capable of delivering near-full charges in approximately nine minutes.PR NewswireUsed-car export wins wider approval with expanded scaleOn Feb 3, 2026, the Embassy of Nigeria in China appointed Gao Dewu, CEO of Chinese used-car export company CAR Inc, as its Designated Representative and invited CAR Inc to become its official car rental service provider. Nigeria is positioning to import high-quality used cars from China to modernize its transport infrastructure, with the Nigerian government expressing trust in Chinese automobile circulation systems. CAR Inc identified Nigeria as one of its largest export destinations and most potential core market among its 20-plus countries of operation, marking a shift from scale-based to quality-based exports.36krCAR Inc.: Dream Big, Stay GroundedCAR Inc., a leading Chinese car rental company with 18 years of operations, is pursuing a multi-dimensional strategy to build what it calls a "dynamic moat" through technology, cultural tourism, and youth engagement. The company has formed strategic partnerships including Baidu Apollo for L4 autonomous driving car rental products, Volant for low-altitude eVTOL travel solutions, CATL and Times Electric Service for EV battery-swapping infrastructure, and technology firms Unitree Technology and iFlytek for AI/robotics integration. Beyond technology, CAR Inc. is expanding into demand creation through cultural tourism campaigns like "Explore the Wonders of China" and strategic government partnerships, while also targeting youth through lifestyle-focused brand initiatives and co-marketing with hospitality brands including Meituan Homestay and Tujia.BatteriesnewsCATL signs deal to bring over 100,000 battery-swappable cars to Car Inc’s fleetCATL has signed a strategic cooperation agreement with Car Inc and CMB Leasing to deploy over 100,000 battery-swappable electric vehicles in Car Inc's car rental fleet across first-tier and new first-tier cities in China. The vehicles will use CATL's standardized Choco-SEB battery packs (#20 and #25), offering a range of 400-600 km, with a pilot program launching this year. CAES will build a battery health monitoring platform while CMB Leasing and CAES will provide competitive battery rental solutions to reduce vehicle costs and improve operational efficiency.China Daily WebsiteAutonomous car rental service launched in ChinaApollo, Baidu's autonomous driving unit, and CAR Inc launched the world's first autonomous car rental service available to the general public in China, enabling users to book, unlock, and return self-driving vehicles entirely without human assistance through the CAR Inc mobile app. The first fleet of custom-designed Apollo vehicles accommodates up to three passengers, with pricing aligned to CAR Inc's existing short-term rental rates and flexible booking options ranging from four hours to seven days. The launch addresses China's rapidly growing car rental market projected to exceed 300 billion yuan (about $41 billion) by 2030, highlighting the growing momentum in China's autonomous mobility sector.36krRobotaxis on the Horizon: Can Chinese Companies Take the Lead?Tesla officially launched its Robotaxi service in Austin, USA on June 22, 2025, deploying ten Model Y vehicles with a fixed fare of $4.20 per trip, marking the commercial start of its autonomous driving technology after ten years of development. Baidu's Apollo Go has emerged as the global leader in driverless taxis, having accumulated over 11 million orders across 15 cities as of May 2025, compared to Waymo's 10 million orders, while Goldman Sachs projects the global Robotaxi market will reach $40–45.7 billion by 2030 with a CAGR exceeding 60%. Chinese companies like Apollo Go benefit from the world's largest smart car industry chain, enabling cost advantages even with more expensive lidar technology, and recent Chinese government regulations on autonomous driving are accelerating L3-level vehicle pilots in cities like Beijing and Wuhan.China Daily WebsiteBYD, CAR deepen partnership with NEV rental pushBYD and CAR, China's largest car rental platform, signed a strategic cooperation agreement on May 20, 2025, in Shenzhen to deepen their partnership and accelerate new energy vehicle adoption in the country's mobility sector. Under the agreement, CAR will scale up purchases of BYD models including the Qin PLUS DM-i plug-in hybrid and Fang Cheng Bao Bao Bao 8 SUV for the 2025 summer vacation season, building on their initial April tie-up. The collaboration extends beyond vehicle procurement to joint development of digital tools for fleet optimization, test-drive initiatives, co-branded campaigns, and exploration of resale models for retired rental vehicles.GasgooBYD, CAR Inc. deepen partnership to drive sustainable mobility, NEV adoption in car rental marketBYD and CAR Inc. held a strategic cooperation signing ceremony on May 20, 2025, at BYD's headquarters in Shenzhen, deepening their partnership to promote sustainable mobility and new energy vehicle adoption in China's car rental market. The collaboration builds on positive market feedback from CAR Inc.'s initial BYD fleet deployed during the May Day holiday, with plans to expand procurement scale for the 2025 summer season across vehicle procurement, operations, joint marketing, and service innovation. The strategic alliance aims to accelerate green travel adoption in China and contribute to the country's dual carbon goals through an innovative vehicle-operation-service solution model.PR NewswireChina Used Car Markets 2020-2024 with China Grand Automotive Services Group, China Yongda Automobiles Services, Autohome, CAR Inc, Renren & Uxin DominatingResearch and Markets has added a new report forecasting the China used car market to reach US$162.54 billion by 2024, driven by rising disposable income and online platform adoption despite pandemic-related disruptions. The analysis highlights challenges such as emission concerns and trust issues while detailing the competitive landscape of key industry players including Autohome, CAR Inc., and Uxin Limited.